PMC: Accounts Receivable Manager

Penske Media Corp.; Los Angeles (CA); Hybrid; USD 90,000 - 100,000; Full time

Benefits offered by this job

PMC-Paid Healthcare

Flexible Spending Accounts

Employee Assistance Program

Life Insurance

Disability Insurance

Parental Leave

401(k) with Employer match

Pet Insurance

Home & Auto Insurance

Mortgage discounts

Flexible Vacation Policy

Job summary

Penske Media Corp. (PMC) is seeking an Accounts Receivable Manager to lead full-cycle AR across digital and print media, data, and live-events businesses.

The role oversees billing, cash application, collections, and month-end close, partnering with Finance leadership to strengthen processes and cash flow. The position supports a hybrid onsite model in West Los Angeles, with on-site four days and one day remote weekly.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business, or related field, or equivalent experience.

Responsibilities

• Lead day-to-day accounts receivable operations, including invoice billing, cash applications, adjustments, credit card transactions, remote bank deposits, and collections.
• Manage and develop the accounts receivable team, establishing clear priorities, service expectations, controls, and performance goals.
• Oversee the full order-to-cash cycle and ensure invoices, receipts, credits, write-offs, and adjustments are accurately recorded and supported.
• Monitor aging, delinquency, and collection activity; develop escalation strategies and collaborate with Account Executives and agencies to resolve outstanding balances.
• Research and resolve complex billing, payment, contract, and customer-account issues while maintaining strong internal and external relationships.
• Review and approve account reconciliations, including accounts receivable, revenue, deferred revenue, bank, credit card, and related balance sheet accounts.
• Prepare or review journal entries as needed.
• Own the preparation and distribution of weekly, monthly, and ad hoc accounts receivable reports, dashboards, and management analyses.
• Coordinate accounts receivable activities for month-end and year-end close, audits, and other financial reporting requirements.
• Identify opportunities to improve processes, documentation, systems, controls, and reporting; lead implementation of approved improvements.
• Use Excel extensively to analyze data, including pivot tables, lookups, aging analysis, and management reporting.

Skills

Advanced Excel

Strong communication

Analytical thinking

Independence with collaboration

Education

Bachelor’s degree in Accounting/Finance/Business

Tools

NetSuite

Salesforce

Placements IO

Job description

Penske Media Corpoation (PMC), the parent company of Rolling Stone, Variety, Billboard, The Hollywood Reporter, SXSW, The Golden Globes, and many more, is seeking an Accounts Receivable Manager to lead full-cycle accounts receivable operations across several subsidiaries within our digital media, print media, data, and live-events businesses.

This role will oversee the accuracy, timeliness, and integrity of billing, cash application, collections, reconciliations, reporting, and month-end close activities. The Accounts Receivable Manager will partner closely with Accounting and Finance leadership, Account Executives, agencies, business stakeholders, and external customers to strengthen processes, resolve issues, and improve cash flow.

Responsibilities

• Lead day-to-day accounts receivable operations, including invoice billing, cash applications, adjustments, credit card transactions, remote bank deposits, and collections.
• Manage and develop the accounts receivable team, establishing clear priorities, service expectations, controls, and performance goals.
• Oversee the full order-to-cash cycle and ensure invoices, receipts, credits, write-offs, and adjustments are accurately recorded and supported.
• Monitor aging, delinquency, and collection activity; develop escalation strategies and collaborate with Account Executives and agencies to resolve outstanding balances.
• Research and resolve complex billing, payment, contract, and customer-account issues while maintaining strong internal and external relationships.
• Review and approve account reconciliations, including accounts receivable, revenue, deferred revenue, bank, credit card, and related balance sheet accounts.
• Prepare or review journal entries as needed.
• Own the preparation and distribution of weekly, monthly, and ad hoc accounts receivable reports, dashboards, and management analyses.
• Coordinate accounts receivable activities for month-end and year-end close, audits, and other financial reporting requirements.
• Identify opportunities to improve processes, documentation, systems, controls, and reporting; lead implementation of approved improvements.
• Use Excel extensively to analyze data, including pivot tables, lookups, aging analysis, and management reporting.

Required Qualifications

• Bachelor’s degree in Accounting, Finance, Business, or a related field, or equivalent experience.
• At least five or more years of progressive accounts receivable or accounting experience, including experience leading or supervising AR activities.
• Strong understanding of full-cycle accounts receivable, collections, cash application, reconciliations, revenue, and month-end close processes.
• Advanced Excel skills, including pivot tables, lookups, data analysis, and reporting.
• Demonstrated ability to analyze complex issues, identify root causes, and drive timely resolution.
• Strong communication, organization, prioritization, and time-management skills.
• High level of attention to detail, accuracy, discretion, and accountability.
• Ability to work independently while collaborating effectively across teams and subsidiaries.

Preferred Experience

• Experience with NetSuite, Salesforce, Placements IO, or similar ERP, CRM, and media-industry systems.
• Experience managing or mentoring an accounts receivable team.
• Experience with deferred revenue, journal entries, bank and credit card reconciliations, and audit support.
• Digital media, print media, advertising, entertainment, data, or live-events industry experience.
• Experience implementing AR process improvements, internal controls, or reporting automation.

As PMC values in-person collaboration and team cohesion, employees work onsite four days per week and remotely one day per week. This position is based in West Los Angeles.

A good faith estimate of the salary range is $90,000 - $100,000 upon hire + Bonus. Factors that could be used to determine your actual salary may include your specific skills, years of experience and comparison to current employees already in this role. If you have more or less experience than specified on this job posting, please apply and list your salary expectations.

If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors).

It’s all About You…

PMC’s comprehensive benefits package is thoughtfully designed to support every aspect of your life, empowering you to thrive both personally and professionally.

• We offer PMC-Paid Healthcare withno employee paycheck contributions on medical, dental, and vision for you and your family.
• PMC also offersFlexible Spending Accounts (Healthcare, Dependent Care & Commuter)
• an Employee Assistance Program
• Life Insurance
• Short- & Long-Term Disability
• Paid Parental Leave
• a 401(k) Retirement Plan with an Employer match
• Pet Insurance
• Home & Auto Insurance
• Mortgage discounts
• and a variety of other savings on wellness, lifestyle, and financial essentials.
• As part of PMC’s dedication to consistently meeting employees’ needs, we have launched a new Flexible Vacation Policy.

At PMC we trust in the power of onsite collaboration and support a hybrid schedule where employees work onsite four days per week and remotely one day per week. This position is based in West Los Angeles.

About Penske Media Corporation (PMC)

Penske Media Corporation (PMC) is a leading global media and information services company whose award-winning content attracts a passionate monthly audience of more than 500 million people.Since 2004, PMC has been a pioneer in digital media and owns over 300 live events, while reaching audiences across all screens.Penske Media is recognized, as one of the Top 100 Private Companies in the United States and North America.

Our Companies & Brands

• Iconic Media Brands (PMX): Variety, Rolling Stone, The Verge, Billboard, The Hollywood Reporter, WWD, SHE Media, Robb Report, Deadline, Eater, Sportico, ARTnews, Fairchild Media, VIBE, IndieWire, SB Nation, ARTFORUM, POPSUGAR, Gold Derby, BEAUTY INC, Art in America, Punch, The Dodo

• Live Events & Experiences: The Golden Globes, SXSW, Academy of Country Music Awards (ACMs), Billboard Music Awards (BBMAs), Dick Clark’s New Year’sRockin’ Eve, SXSW London, American Music Awards (AMAs), and Latin Music Week.

• Data & Analytics: Luminate, the premier music and entertainment data and analytics company.

Global Footprint

PMC and its subsidiaries are co-headquartered in New York and Los Angeles , withadditionaloffices spanning 14 countries worldwide.

Want to learn more?

Visit www.PMC.com to explore our complete portfolio.